Nepali Clothing Association Deliberate 22010-11 Fiscal Year Budget Pain

　　 Nepali clothing association (GAN) it is extremely painful for the government to decide not to adopt their requirements in the current fiscal year's budget. They made several requests to the government, including the cancellation of 25% of bank guarantee fines, and the increase of the time limit for the import of imported goods from 14 months to 18 months. clothing Set up a special economic zone for Nepalese costumes in the US. market Correct entry of no tax.

However, the Nepali clothing association has endorsed several new provisions of the current budget, which may help the country's industrial growth.

Nepal Apparel Association welcomes the assurance provided by the budget to boost private sector growth and create an investment friendly environment in the country. They asked for incentives for units with more than 100 workers, providing health and safety mechanisms for units with more than 500 workers, and providing diesel fuel at subsidized prices for the manufacturing industry, which are constructive suggestions for the current fiscal year budget.

In addition, the Nepali clothing association has expressed its appreciation to the budget for the cash incentive to increase the total foreign exchange earnings by 4%, and to raise the tax rebate policy by 25% according to their gross income.